The Charleston real estate market here is sizzling hot. January 2017 was the busiest January we’ve
ever had. 2016 was the 2nd busiest year
ever. Second only to 2005 by just a few
hundred sales. We sold over 17k houses
and that was up over 10% over 2015. The
median sales price was at an all time high of $245k, but it was only a modest
4.3% gain over 2015. Many things are
pointing to 2017 being the best year we’ve ever had. We continue to receive allocates from all
sides. Volvo is going to open their
plant here this year in the Goose Creek/Summerville area. You can still buy a home on that side of town
for $100/sqft. Of course, Mount Pleasant is
the most desirable are with those for expendable incomes. It’s around $200/sqft there. New mayor, John Tecklenburg, seems intent on
reviving West Ashley. It’s a great
central location to live in and you can buy there for under $150/sqft. New construction is booming on Johns
Island just west of Charleston. Of course, new construction is
all over the place, but Johns Island is now on everyone’s radar.